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Home > News > U.S. tax-cut package includes credit for industrial R&D

November 18th, 2004

U.S. tax-cut package includes credit for industrial R&D

Congress adjourned, temporarily, last month with at least one tax initiative in place to benefit the nanotech industry and other sectors. But it left other key issues on the floor until next session or to finish in a lame-duck session this month. Congress passed an 18-month extension of the research and development tax credit at the end of September as part of a package of middle-class tax cuts.


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